Showing papers on "Project engineering published in 1978"
TL;DR: The R&D project selection model provides for three types of project interrelationships: overlap in project resource utilization, technical project interdependence, and the project interaction with respect to value contribution as mentioned in this paper.
Abstract: The R&D project selection model provides for three types of project interrelationships: overlap in project resource utilization, technical project interdependence, and the project interaction with respect to value contribution. It also provides an input structure that should help diverse people in the organization communicate their knowledge and opinions to the R&D planning process.
82 citations
TL;DR: In this article, the authors point out that such a scheme is necessary and also show the magnitude of the required allowances and their sensitivity to the distribution of risk associated with the project.
Abstract: As project management has come of age, there has been an increasing awareness of the fact that the greater the inherent difficulty of the R&D activity, the more likely it becomes that the project will encounter cost and schedule overruns. Some authors have even gone so far as to call for `built-in' allowances for overruns. It is the purpose of this paper to point out not only that such a scheme is necessary, but also to show the magnitude of the required allowances and their sensitivity to the distribution of risk associated with the project.
6 citations